Housing costs in Ellendale?
A typical home costs
$255,600, which is 24.4% less expensive than the national average of
$338,100 and 17.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ellendale costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$1,240.
Can I afford Ellendale?
To live comfortably in Ellendale, Minnesota, a minimum annual income of
$48,960 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Ellendale?
The cost of living in Ellendale, MN is very reasonable. The average house prices in the town are below the national average, and rental costs for a two-bedroom apartment are also quite affordable. This makes it an ideal location for those looking to settle down without breaking the bank. Additionally, there are many amenities available in the area such as restaurants, shops, and entertainment venues that make life easier and more enjoyable. In terms of utilities, the rates tend to be lower than most other towns around the country as well. All of these factors combined make Ellendale a great place to live at an affordable price.